8009 Carnegie Ave Cleveland, OH 44103
- Commercial land
- 0.15 lot acres
Current Use by Public Records
- Commercial land
Property Details for 8009 Carnegie Ave
- Lot size
- 0.15 lot acres
- Zone code
- GR
- Property type
- Commercial land
- APN
- 119-14-019
- APU
- 11914019
Description
This exceptional 0.15-acre commercial land parcel presents a unique development opportunity in Cleveland, Ohio. Located at 8009 Carnegie Avenue, this prime corner lot boasts 133.5 feet of frontage on Carnegie Avenue and sits directly across from a newly constructed Dunkin' Donuts and near a Bank of America branch. Its strategic location offers unparalleled proximity to the Cleveland Clinic campus, placing it within a thriving and expanding medical hub. The property is zoned for commercial use, providing flexibility for a variety of development projects. Furthermore, the potential exists to significantly expand the property size. Adjacent to the site are four additional contiguous lots owned by the City of Cleveland Land Bank, totaling over 0.65 acres when combined with this offering. This presents a rare chance to acquire a substantially larger parcel with increased frontage and development potential. A detailed Carnegie Master Plan & Transportation Study, available online via a provided link from Midtown Inc., further highlights the area's growth trajectory and strategic importance. This property is ideal for investors seeking high-impact development opportunities in a rapidly developing area of Cleveland. The property's location, size, and zoning make it an exceptional investment with significant long-term potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6324
- Latitude
- 41.5016
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA